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Index Coop Aims to Improve Limitations of Protocol, On-Chain Structured Products
The infrastructure limitations of this sector include a lack of cross-chain asset support, expense in maintaining products due to high issuance costs and difficulty rebalancing on-chain products due to slippage.
NFT Lender Gondi Goes Live, Raises $5.3M Round Led by Hack.vc
Developer Florida Street's seed round features Hack.vc, Foundation Capital, Dragonfly Capital, Pantera Capital, 6th Man Ventures and others.
Distressed Crypto Specialist Thomas Braziel Sets Up Investment, Advisory Firm
The company, 117 Partners, will be a hybrid between advisory and investment, said Braziel.
Three Arrows Capital Liquidator May Try to Claw Back About $1.2B From DCG, BlockFi
A July 7 report from Teneo, the hedge fund’s liquidator, described the potential claims.
EU’s Leaked Metaverse Strategy Proposes Regulatory Sandbox, New Global Governance
Virtual worlds will need international engagement to stay open and secure, a leaked European Commission strategy paper said.
Blockchain Project Interlay Wants its New Platform to Become a ‘One-Stop-Shop for Bitcoin DeFi’
“We've only seen the tip of the iceberg with bitcoin DeFi today,” said Interlay CEO and Co-founder Alexei Zamyatin in an exclusive interview with CoinDesk.
Ethereum-Based Yield Powerhouse Pendle Finance Expands to BNB Chain
Pendle offers users yields in the form of tradable digital tokens, with some strategies offering as much as 82% annualized yields on ether (ETH) and ether derivative tokens.
Crypto Custodian Cobo Argus Scores $100M in Value Locked One Week After Going Live
Argus V2 supports all open-source DeFi protocols and lets traders utilize DeFi bots to automatically monetize farming rewards, compounding and token swapping.
Ex-Genesis CEO Michael Moro to Head Crypto Derivatives Exchange Startup
Ankex, a non-custodial exchange with a centralized order book, is being spun out of crypto custody firm Qredo, which Moro joined in January.
Crypto Custody Firm Ledger Introduces Institutional-Grade Trading Network
The network has a range of partner firms, including Crypto.com, Bitstamp, Huobi, Wintermute and Komainu.
